Orbital Sciences Corporation
ORBITAL SCIENCES CORPORATION
Condensed Consolidated Balance Sheets

(in thousands)
 
September 30,
2009
December 31,
2008*
Assets
 
 
Cash
$       364,184
$       328,307
Receivables, net
204,890
203,111
Inventory
39,636
33,434
Deferred income taxes, net
33,279
35,368
Other current assets
     17,186
     8,951
      Total current assets
659,175
609,171
Non-current investments
12,700
16,700
Property, plant and equipment, net
121,734
104,880
Goodwill
55,551
55,551
Deferred income taxes, net
57,028
63,206
Other non-current assets
     13,930
     4,387
      Total Assets
$       920,118
$       853,895
Liabilities and Stockholders’ Equity
Accounts payable and accrued expenses
$       184,640
$       179,658
Deferred revenues and customer advances
     118,103
     80,059
      Total current liabilities
302,743
259,717
Long-term debt
119,027
115,372
Other non-current liabilities
7,851
5,700
Total stockholders’ equity
    490,497
    473,106
      Total Liabilities and Stockholders’ Equity
$       920,118
$       853,895
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* The company’s 2008 financial statements have been adjusted as required by a new accounting standard pertaining to the company’s convertible debt.
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